Homer Electric Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 920014079 ✦ Homer, AK ✦ Designated as a 501(c)(12)

Overview

What is Homer Electric Association Inc?

Homer Electric Association Inc, based in Homer, Alaska, is a cooperative organization with a mission to provide electrical services to its members. With a workforce of 167 employees, they ensure the safe and reliable delivery of electricity to their community through exceptional customer service and innovative energy solutions. In 2022, they provided a total of 456.7 million kilowatt-hours of electricity to 33,426 consumers, staying committed to their cooperative requirements.


Official website here: www.homerelectric.com

Is Homer Electric Association Inc legitimate?

Homer Electric Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Homer Electric Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $920,334
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.homerelectric.com

What is the mission statement of Homer Electric Association Inc?

Homer Electric Association Inc is dedicated to delivering safe and reliable electricity to its members and the community. Through exceptional customer service and innovative energy solutions, the cooperative aims to provide electricity at fair and reasonable prices. Homer Electric Association supplied a total of 456,724,486 kilowatt-hours to 33,426 consumers in 2022. The organization adheres to cooperative requirements and prioritizes the well-being of its members.


Official website here: www.homerelectric.com

Who is the CEO of Homer Electric Association Inc?

Bradley P Janorschke is the General Manager of Homer Electric Association Inc.


Official website here: www.homerelectric.com

What is the revenue of Homer Electric Association Inc?

Homer Electric Association Inc's revenue in 2022 was $105,957,011.


Official website here: www.homerelectric.com

Who are the executives of Homer Electric Association Inc and what are their salaries?

The average compensation at Homer Electric Association Inc during 2022 was $5,511. There are 167 employees at Homer Electric Association Inc.

Here are 19 key members and their salaries:

    Bradley P Janorschke (General Manager)
  • Compensation: $379,984
  • Related: $0
  • Other: $174,216

    • John Jungling (Director Of Cyber Security)
  • Compensation: $240,247
  • Related: $0
  • Other: $143,908

    • Sheri Gower (Director Of Administration)
  • Compensation: $234,272
  • Related: $0
  • Other: $141,285

    • Larry Jorgensen (Dir Of Power, Fuels & Dispatch)
  • Compensation: $237,640
  • Related: $0
  • Other: $135,831

    • Sarah Lambe (Director Of Finance)
  • Compensation: $203,406
  • Related: $0
  • Other: $127,877

    • Steve Cannon (Director Of Operations)
  • Compensation: $218,737
  • Related: $0
  • Other: $103,338

    • Keriann Baker (Director Of Member Services)
  • Compensation: $211,775
  • Related: $0
  • Other: $85,646

    • David Thomas (Manager Of Strategic Affairs)
  • Compensation: $205,575
  • Related: $0
  • Other: $75,196

    • Erin Mckittrick (Vice President) [Trustee/Director]
  • Compensation: $8,250
  • Related: $0
  • Other: $0

    • Dan Furlong (President) [Trustee/Director]
  • Compensation: $5,500
  • Related: $0
  • Other: $0

    • Robert Wall (Director)
  • Compensation: $4,150
  • Related: $0
  • Other: $0

    • Charles Rudstrom (Deputy Secretary) [Trustee/Director]
  • Compensation: $3,850
  • Related: $0
  • Other: $0

    • James Duffield Ii (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $3,500
  • Related: $0
  • Other: $0

    • Charles Mike Chenault (Director)
  • Compensation: $2,750
  • Related: $0
  • Other: $0

    • Edward Oberts (Director)
  • Compensation: $1,850
  • Related: $0
  • Other: $0

    • Eugene A Levine (Director)
  • Compensation: $1,750
  • Related: $0
  • Other: $0

    • Wayne H Ogle (Director)
  • Compensation: $1,500
  • Related: $0
  • Other: $0

    • Dan Chay (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0

    • Louis Flora (Director)
  • Compensation: $750
  • Related: $0
  • Other: $0


  • Official website here: www.homerelectric.com

    Where can I find the form 990 for Homer Electric Association Inc?

    The Homer Electric Association Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.homerelectric.com

    Learn more at the official website: www.homerelectric.com

    Mission Statement of Homer Electric Association Inc

    Homer Electric Association Inc, a cooperative organization, is committed to safely delivering reliable electricity to its members and the community through exceptional customer service and innovative energy solutions. The association strives to provide these essential services at fair and reasonable prices.

    Homer Electric Association Inc's mission is driven by its dedication to ensuring a consistent power supply for its consumers. By adhering to cooperative requirements, the association operates in a way that prioritizes the needs and satisfaction of its members. During the year 2022, the association was successful in providing an impressive 456,724,486 kilowatt-hours (kwHs) of electricity to 33,426 consumers.

    The Homer Electric Association Inc team goes above and beyond to maintain a high level of electrical service. Their unwavering commitment to excellence is reflected in their efforts to continuously explore and implement innovative energy solutions for their members. The association's focus on superior customer service ensures that every member is well-informed and their concerns are addressed in a timely and efficient manner. This dedication to both reliability and customer satisfaction sets Homer Electric Association Inc apart as a trusted and essential service provider within its community.

    Impact

    This information is meant to be a general summary of Homer Electric Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Homer Electric Association Inc's impact is significant in providing reliable electricity to its members and the community in Homer, Alaska. In 2022, HEA provided a total of 456,724,486 kWhs to 33,426 consumers, ensuring access to essential energy services. By operating on a cooperative basis and focusing on superior customer service and innovative energy solutions, HEA plays a crucial role in supporting the energy needs of its members at fair and reasonable prices.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $192,705
  • Program Service Revenue: $105,485,664
  • Gross Receipts: $105,957,011

    • Assets and Liabilities:
  • Total Assets: $267,608,771
  • Total Liabilities: $145,737,744
  • Net Assets: $121,871,027
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ELECTRICAL SERVICE REVENUE

    Revenue

    $104,911,118

    CAPITAL CREDITS ALLOCATION

    Revenue

    $574,546

    Organization Details

    Founding Year

    1946

    Principal Officer

    Bradley P Janorschke

    Main Address

    3977 Lake Street, Homer, AK, 996037680

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Homer Electric Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.